@matchbox20
Saw your question re;
Nickel/Cobalt resource on the other thread but through I'd reply on this thread as we'll build this thread into one with all of the information so the Johnnie-Late-Comers can go to one place and easily look up everything once the SP goes up a bit more and catches their attention.
Anyway:
Current Nickel Laterite resource is:
-
80.5Mt at 0.77% Ni, 0.058% Co
- In-ground value of this resource alone is
worth: $15B+.
-
Resource extends
over 19km and is
30m deep.
- Only
limited drilling done - more drilling = bigger resource
There's also massive High-Grade Nickel Sulphide potential:
- Numerous targets generated
- 1m @ 6.38% Ni + 0.50% Cu + 0.11% Co
- 0.3m @ 6.64% Ni + 0.26%Cu + 0.09% Co
Nickel is all over the grounds and
very close to their plant -
plant is centrally located which means that
everything is within 20km from the plant.
See attached images which lay it all out and should explain everything.
Cheers,
GB.
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